by Knee Law | Sep 21, 2021 | Estate Planning, Trusts
There Are Basically Three Reasons to Use an Irrevocable Trust Did you know that an irrevocable ttrust cannot be modified, amended, or terminated without the permission of the beneficiaries? Set up to minimize taxes as well as other reasons, the grantor legally removes...
by Knee Law | Jul 25, 2021 | Trusts
Important Information About Different Types of Trusts According to a survey, over half of Americans don’t have a living trust. If you’re one of these Americans, you may want to explore your options. This guide will help you get started. What Is a Trust? In...
by Knee Law | Apr 21, 2021 | Trusts
When You Should Consider Setting Up a Special Needs Trust Disability benefits like Social Security place a limit on how much income a person can receive before their benefits are reduced. In 2019 alone, disability benefits were paid to nearly 10 million people. To...
by Knee Law | Mar 24, 2021 | Estate Law, Estate Planning, Trusts, Uncategorized
All About the Basics of Charitable Trusts As of Jan. 2019, an alarming 78% of American workers were living paycheck to paycheck. If you’re lucky enough to have wealth, you should take every possible precaution to ensure your assets go into the right hands after...
by Knee Law | Dec 23, 2020 | Inheritance, Trusts
Getting Nursing Home Care While Preserving Your Family’s Inheritance The cost of a semiprivate room in a nursing home has shot past $90,000 per year, placing a significant burden on families and threatening inheritances. Families end up needing Medicaid...
by Knee Law | Oct 20, 2020 | Estate Planning, Trusts
Ways Bad Fiduciaries May Take Advantage of the COVID Crisis During the past two decades, there has been a nearly 75% increase in trust and estate malpractice claims. Therefore, unfortunately, bad fiduciaries are more common than you may think. Being aware of the way...
